India

Canbank Factors Limited, a cash flow solutions provider to small- and medium-sized enterprises, announced it has posted a year-on-year growth in factoring volume of

Oriental Bank of Commerce, a leading public sector bank has entered into a tie-up arrangement with SME Rating Agency of India Ltd. (SMERA). SMERA is the first and only dedicated rating agency for

Euler Hermes, the world s largest credit insurance company with a 34 per cent market share, has tied up with Bajaj Allianz General Insurance Company to offer domestic and export credit insurance in India

IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore

Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend the deadline for meeting the Basel II norms. The RBI is expected to announce

The public sector banks in India are all set to assist the growth of small- and medium-sized enterprises (SMEs) in the country by issuing 20 per cent more loans year-on-year and by ensuring

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to SMEs. Both agencies are planning more tie-ups

The move has been encouraged by a significant growth in its direct financing business. We shifted our focus from refinancing to direct financing of SMEs two-and-a-half years ago and launched

Punjab National Bank (PNB) has introduced a new scheme named Super Trade for financing traders and services sector. Under this scheme finance is available to